Goal Seek Uses ____ Approach to Finding the Right Input

question 102

Multiple Choice

Goal Seek uses ____ approach to finding the right input that achieves the desired result, or goal, in the dependent cell.

• A) a database
• B) an iterative
• C) a scientific
• D) a random

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Definitions:

Available-for-Sale

A classification for financial assets that are not to be held to maturity or for trading purposes, allowing for changes in value to be recorded in other comprehensive income.

Unrealized Increase/Decrease

Unrealized increase/decrease refers to the changes in the value of investments that have not yet been sold and the gains or losses have not been 'realized' through a transaction.

Fiscal Year

A one-year period chosen by a business or government for accounting purposes, which may or may not align with the calendar year.

Unrealized Increase/Decrease

Change in the market value of assets that have not been sold, impacting a company's financial statements in terms of valuation but not cash flow.